1852 PG$1 Gold Dollar, Judd-145 Thick, Pollock-173, Low R.6,
PR66 PCGS. An annular pattern with a wide opening that
restricts the legends to the date, denomination, and country name.
Room is found on the lower half of the reverse for a wreath
ornament. Struck in gold with a plain edge. The issued gold dollar
was essential to commerce in 1852, since silver coins were hoarded
at the time. The gold dollar was a small piece and easily lost.
This annular pattern was intended to provide the gold denomination
in a larger, more convenient form. Various simple designs were
struck (Judd-136 to Judd-148), but the implemented solution was to
reduce the weight of several silver denominations, which returned
them to circulation. This is a flashy and fully struck
orange-yellow Gem with exemplary preservation aside from faint
striations on the obverse rim. Housed in a green label holder.
Population: 1 in 66, 0 finer (10/06).From The Jones Beach Collection. (PCGS# 11602)